The president warned Saudi Arabia that it would face “consequences” over oil cuts. Many Americans still plan to attend its investor conference this month.
Tag: Saudi Arabia
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Saudi Arabia and U.S. Trade Accusations Over Oil Cuts
The kingdom said it had rejected the Biden administration’s urging for a one-month delay to the reduction in output. That could have prevented a price spike before the American midterm elections.
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Biden to ‘Re-Evaluate’ Relationship With Saudi Arabia After Oil Production Cut
Angered by the kingdom’s decision to team up with Russia to slash petroleum output, the president signaled openness to retaliatory measures proposed in Congress, including a halt to arms sales and a new antitrust measure.
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From Moscow to Tehran, a Crisis of Illiberalism
The liberal West is in trouble, but its rivals still aren’t ready to supplant it.
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Biden’s Choice After OPEC Cuts: Woo Saudi Arabia, or Retaliate?
The announcement by the Saudi-led OPEC Plus energy cartel that it would slash oil production was widely seen in Washington as a stab in the back of President Biden.